From speeding up drug discovery to reducing time-to-merge for software engineers, the generative AI revolution is rapidly reshaping industries. Over two-thirds (66.9%) of developers and machine learning teams say they plan to deploy generative AI in some capacity this year – and more than one in ten (14.1%) already have real-world deployments of large language model (LLM) systems.
How are top companies communicating the benefits, risks, and overall impact of AI to investors and stakeholders? To answer this question, Arize reviewed the most recent (as of May 1, 2024) annual financial reports (10-Ks) of U.S.-based Fortune 500 companies, comparing the content to the same companies’ reporting from 2022 and searching for terms like AI, machine learning, large language models, generative AI, and more.
